In carrying out the purpose of this article, the Board is hereby empowered and authorized to receive and disburse for such purposes any moneys appropriated to it by Council, together with any other funds which may come into its hands by gift, grant, donation, bequest, devise or from its own operation or otherwise. The Board shall annually submit to Council for its approval on or before the thirty-first day of January of each year a proposed budget for its proposed expenditures, covering all anticipated funds for the ensuing fiscal year beginning the first day of July. No expenditures shall be made by the Board under this budget, or as to any item thereof, unless such has been approved by Council.
(Passed 2-15-71.)